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Fly News Breaks for August 1, 2019
LFUS
Aug 1, 2019 | 08:43 EDT
As reported previously, Baird analyst David Leiker downgraded Littelfuse to Neutral from Outperform. the analyst said its Q2 report raised more questions than answers and cited its organic revenue decline, automotive organic revenue decline was below the decline in global vehicle build, and there are nagging "mix" issues in his revenue model. Leiker lowered his price target to $171 from $193 on Littelfuse shares.
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